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cityservice
Official Press Release
Contact: RJ Timlin
610. 659. 9132
cityservice Revolutionizes
Real Estate Commissions
Sellers Pay 1.49% Commission
Buyers Receive 25% Rebate
October 11th, 2006 - Chalfont, PA - cityservice is
an innovative real estate firm that is
re-shaping the local real estate industry through a
lower commission structure. Comprised of high-producing
agents from a national realty firm, cityservice recognizes
that the Internet has changed the way the real estate
industry does business by enabling today's buyers and
sellers to receive valuable information directly, that
in years past could only be provided by their Realtor.
As a result, cityservice saves buyers and sellers thousands
of dollars by offering rebates and taking only 1.49%
commission while negotiating the commission of the buyer's
agent down from the standard six percent.
According to RJ Timlin, Realtor/Business Development,
"the concept for this atypical business model is
simple. At cityservice, we realize that buyers are spending
about 60% less time per transaction due to public access
to the Internet. In the past, customers would engage
a Realtor's services for an average of nine weeks; today,
the time spent by Realtors is reduced to less than three
weeks. We just changed the commission structure to be
fair to our customers."
In addition to saving money, cityservice customers
receive a wide scope of services. The firm, which discourages
self-promotion of its agents, pays for the sales/marketing
costs of every listing. Contracted clients receive a
host of marketing resources that include: placement
on 30+ industry websites which hits 99% of search engines,
access to the multiple listing services, an individual
web page, and a virtual tour of their home produced
by a professional photographer. Additionally, cityservice
pays for featured positioning on the industry's top
website, Realtor.com obtaining maximum exposure for
sellers' homes. CityServcie customers also have the
option to cancel their contract at any time; rather
than the standard six to 12 month contracts required
by the traditional firms.
"I would highly recommend the services of cityservice
to anyone looking to market and sell their home at a
reasonable fee/price," states Todd Warton of Doylestown.
"I was afforded all of the services one might expect
with any good full service realtor (plus more) for 1.49%
commission."
While the commission structure at cityservice has ignited
some controversy between cityservice and the traditional
real estate firms, the company is thriving. This success
is due in part by public support to change a system
that consumers feel is outdated and inequitable. Recent
articles in such publications as Newsweek, The Wall
Street Journal, and The Philadelphia Inquirer, affirms
the general philosophy of cityservice which is to reward
consumers who buy or sell a home with more money in
their pocket.
For more information on cityservice or to contact an
agent, please call 215. 822. 8720 or visit www.cityservice.com.
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